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ThreatMetrix Updates Smart Analytics Platform

By CIOReview | Thursday, May 12, 2016
Reed Taussig, President and CEO, ThreatMetrix

Reed Taussig, President and CEO, ThreatMetrix

FREMONT, CA: The digital identity company and security specialist ThreatMetrix, announced the release of its Spring 2016 technology that introduces deeper decision analytics, an enhancement to mobile offerings and stronger authentication capabilities. “We ensure the companies’ systems are not breached due to stolen employee or third-party credentials through the use of phishing attacks or malware and that the user has the authority to access the network,” said Reed Taussig, President and CEO, ThreatMetrix.

The new release includes a Smart Analytics that pairs behavioral analytics with machine learning for a more integrated approach, a new software development kit (SDK) for Apple OS X and Microsoft Windows endpoint and desktop applications. The new SDK offers a faster way to activate endpoint applications across the business. The SDK also profiles devices for specific platform-based applications, providing advanced risk analysis, fraud detection and device recognition. The update also includes an integrated two-factor authentication capability to strengthen user identity verification and a new identity verification capabilities combining static and dynamic data to gain a more accurate risk score for every user identity. This can reduce instances of step-up authentication, further reducing cost to the customer and removing friction from the consumer experience. Smart Analytics not only includes the Smart Rules behavioral analytics algorithms and a transparent approach to machine learning called Smart Learning but also a customizable toolset that enables customers to more accurately detect and analyze changes in user behavior, helping to more accurately identify fraudsters.

Based out of San Jose, CA, ThreatMetrix is the market-leading cloud solution for authenticating digital personas and transactions on the Internet. ThreatMetrix secures businesses and end users against account takeover, payment fraud and fraudulent account registrations resulting from malware and data breaches.